RE: Offshore Energy spreading the word21 Jun 2024 06:12
Extract from longboat RNS pivot to SE Asia demonstrates why it’s such a good region for us to focus on:
‘In contrast, Longboat's entry into Malaysia last year coincided with a proliferation of opportunities across Southeast Asia and a positive and supportive attitude of the host governments towards small-and-medium sized companies which are now viewed as crucial to maximizing value from their maturing basins. Further, this positive industry sentiment is set against a macro backdrop of growing economies with increasing energy demands, benign operating environments, a structurally lower cost base and an opportunity to help reduce carbon emissions through the development of indigenous gas resources to displace coal fired power generation.’